$BB be booming soon?Another “dying company” thats a victim of squeeze and release
It appears to run into these Expanding Flats before it has a run up
Curious if this next wave leads to something big maybe a 12345 impulse?
0R0P trade ideas
Blackberry overview - Getting close to breakout?Here is a quick look at BB on TSX.
Over all, its looking like a triple nest, that's approaching the downtrend line from the Jan 27th and June 3rd highs. We're about a month away from crossing it if we stay in this prize zone, but with earnings coming up next week, we could see some action if the numbers are positive.
I don't like to think of this as a meme stock, and I don't keep up with the short squeeze possibility on BB, so DYOR if that's what you're hoping for. I'm just looking at this with an Elliot Wave analysis overlain on a pitchfork. I really like the pitchfork because its held up key fib levels.
There is a possibility that wave 2 isn't in yet and we could head to 11.19...that's where we find the 1 period on the pitchfork and a previous resistance shown in red, but i don't think we will break ~12.65 unless earnings is a real dumpster fire. Note the increase in volume on Sept 17, which is quad witching.....could be a good indicator that flow is positive into this name for the next quarter.
Worth a shot with a buy here around $12.80, SL at 11 and PT1 at 19.75 and PT2 at 25.90, a potential 3.77-7.05 R:R.
Blackberry RebornThe all-time historical charts for Blackberry reveals a rare yet very volatile pattern with an Expanding (Impulsive) Diagonal.
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All guidelines are met during analysis:
Wave 1 = 5 Waves
Wave 2 = 3 Waves
Wave 3 = 5 Waves
Wave 4 = 3 Waves
Wave 4 also crashes down into the zone of Wave 1.
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With these indicators given, we can expect Blackberry to catch rise and meet the pending trend line test near $800 over the next 4-6 years. This move must be timed with intention as the following correction averages 78.6%.
$BB Similarities I thought the charts looked similar a few weeks back but didn't run like I thought. However, looking at the attached chart, I'm looking to see it test $11, retreat a little and potentially make a move up. Not financial advice but looking to get others opinions.
Long | BB | Strong PossibilityNYSE:BB
Possible Scenario: LONG
Evidence: Price Action, Momentum
TP1: 11.60$
TP2: 12.20$
Call options, Strike 11$, 01/21/2022
Call options, Strike 12$, 09/17/2021
*This is my idea and could be wrong 100%.
BB is all set to run againIt looks like BB is all set to run again. It has some resistance at $12.
Appreciate any comment/feedback.
$BB LONGMy prediction on $BB stock. This chart is for learning purposes to track my work. Please take your finance advice from a finance expert.
$BB | BlackBerry Preparing For A BreakoutBB just broke a major pivot level and continues to push to the upside. I am expecting a breakout in the next few weeks.
$13 $15 targets
$bb if it can break 11.64 it should go to the anchored vwap 3/20$bb if it can break 11.64 it should go to the anchored vwap 3/20 (12.45)
$BB Chart looking to repeat?Based on the chart attached, it looks like $BB is setting up very similar to its last run. The 2 areas in focus are circled. Volume remains relatively low, but the similarities are interesting. It took around 16 days (circle on left) to run up and we are sitting around 14 days (right circle) now. Not Financial Advice but makes me wonder! :)
BlackBerry already broke out and now forming a rising triangle Resistance a around 14'ish, giving us profit at 20-25% :-)
Dont listen to me, I just do this for fun.
Blackberry (BB) Wyckoff Accumulation - Trending for BreakoutAccumulation on the monthly for the last decade. Spring confirmed with the recent share price surge to touch the monthly 200MA. Price resetting to the mean within the Trading Range (TR) before surging again, setting resistance points above the TR. Price now below the centerline of the TR and establishing what I believe is the Last Point of Support (LPS) around 10$. Look for price to test the top of the TR again at any time as Phase E Aggressive Markup takes place. New highs incoming for BB, this is the monthly so prepare as it could take a while, but when it takes place itll go quickly. Good spot to accumulate a position around 10$ as it prepares to say goodbye to single digit prices.
See similar monthly Wyckoff setup play out on MVIS a few months ago.
BB - gamble long I like to take a little gamble here with the strength in the overall market - BB is a WSB-touched stock and its choppy but I like to take a calculated risk here: personally i set a stop below the lows from last week and took like 0,25% risk of my portfolio - could pay out here I think BUT it is a more risk-on gamble and that should be said - as there was many failed signals in this stock.
Best luck if you join.
BB Following Ichimoku CloudLooking to go in BB long calls for the near future as it broke the cloud.
BB as a distractionI think it's time for BB to pump, after the AMC distraction and the fake CLOVER pump, now it's time for the BB squeeze. 3rd time's a charm.
I'll look at 60$+ for selling. AMC got to FIB 2.618 extension on it's run.
Planning to move profits to GME for the real squeeze.
Good luck, power to the players.
Descending flag, history repeating itself?Expecting a lower high but this could "moon" again as we seem to have found support on 200MA
First GME , second was AMC…..Is BB Next for the meme cycle ? Gaps to fill. Apes can really push this to $50 easy
Their safeword is $16Hard, directed price suppression has occurred when price exceeded $16.
They have been stepping price down ~$1.30, seeking pre-spike2 levels of ~$8. This level also happens to nicely fit with the pre-interrupted squeeze that price swung lazily around for 1.5months before it began squeezing.
This is their comfort level. It's why they did nothing for the 1st 1/2 of December. That blatant suppression on 12/17, that was them getting nervous. And, it worked ... for a while. XD
Price will continue to be stepped-down until at least $8.30 is reached and probably until $7 just for good measure.
$BB Blackberry a BUY SignalLooking interesting here, regardless of meme status. Interesting news too.
